Philadelphia College Of Osteopathic Medicine

Organization Overview

Philadelphia College Of Osteopathic Medicine is located in Philadelphia, PA. The organization was established in 1955. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Philadelphia College Of Osteopathic Medicine employed 1,373 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia College Of Osteopathic Medicine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Philadelphia College Of Osteopathic Medicine generated $168.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $152.3m during the year ending 06/2021. While expenses have increased by 5.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE COLLEGE PROVIDES EDUCATION TO MEDICAL STUDENTS AND OTHER GRADUATE STUDENTS.

Describe the Organization's Program Activity:

TUITION REVENUE PROVIDES EDUCATION TO MEDICAL STUDENTS AND OTHER GRADUATE PROGRAM STUDENTS.


GRADUATE MEDICAL EDUCATION - THE INTERN RESIDENT PROGRAMS PROVIDE THE MEANS FOR OUR INTERNS AND RESIDENTS TO LEARN HANDS ON EXPERIENCE AT HOSPITALS. THE EXPERIENCE HELPS TRAIN THEM IN ALL SITUATIONS AS PHYSICIANS.


PRACTICE CARE NETWORK PROVIDES OUR EXTERNS WITH EXPERIENCE IN A CLINICAL ENVIRONMENT. THEY ROTATE THROUGH MEDICAL CLINICS AND FACILITIES, WHICH GIVES THEM THE EDUCATION NEEDED AS THEY PREPARE FOR GRADUATION AND BECOME DOCTORS. THE NETWORK ALSO PROVIDES MEDICAL CARE TO PATIENTS AND GIVES THE STUDENT THE HANDS ON TRAINING REQUIRED.


CONTINUING MEDICAL EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Daniel J Keating Co
Maintenance/contractor
$8,667,455
Allied Universal
Security
$1,981,047
Media Works Ltd
Consulting/advertising
$1,401,271
The Arthur Jackson Co
Housekeeping
$669,899
Amb Janitorial Southeast Inc
Housekeeping
$426,945
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,735,393
Government grants $3,593,735
All other contributions, gifts, grants, and similar amounts not included above$2,122,369
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,451,497
Total Program Service Revenue$152,934,238
Investment income $56,169
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $502,123
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $168,282,211

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Philadelphia College Of Osteopathic Medicine has recieved totaling $7,500.

Awarding OrganizationAmount
Dominic Diodata And Joan Gable Foundation

Chalfont, PA

PURPOSE: OPERATIONS

$7,500
View Grant Recipient Profile

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